A fully dedicated electrolyser company Investing.com
“Nel has nearly a hundred years of experience in building electrolysers and has installed thousands of systems around the world. Building on our unparalleled track record, from now on, we will use 100 percent of our capacity and hydrogen know-how to develop and deliver highly reliable and energy-efficient electrolysers,” said the CEO of Nel,
Nel’s CEO said this on the same day that Nel’s Fueling unit was axed and listed. Oslo Stock Exchange such as Cavendish Hydrogen. Voldal sends his best wishes to his former colleagues, who are now focused on developing hydrogen fuel systems for heavy-duty vehicles.
“Cavendish has a strong start with a lot of valuable experience from the power generation market, a diverse and strong customer base, a talented organization and now a dedicated board of directors. I am confident they can succeed, and I wish them the best of luck,” said Voldal.
After the game, Nel will have about 450 employees
Accelerated development of next-generation electrolysers
In addition to developing and improving its existing PEM electrolysers and atmospheric alkaline, Nel is investing heavily in next-generation compressed alkaline and PEM technologies. The development of next-generation PEM electrolysers, collaboration using deep knowledge of hydrogen Nel again
Strategic partnerships with leading industry players
Recently, Nel signed a technology license agreement with
Gigawatts of annual production capacity
Last year, Nel took major steps to prepare the company for continued growth. Annual production capacity at the Herøya electrode manufacturing facility,
The results of the company’s first quarter of 2024 showed that Nel is on the right path towards the black numbers, and the alkaline division achieved an important milestone, reaching a positive EBITDA.
“Revenue and EBITDA continue to improve, showing that the business model is working at scale,” Voldal said when presenting the results.
For more information, please contact:
Lars Nermoen, Head of Communications, +47 902 40 153
About Nel ASA | www.nelhydrogen.com
Nel has a history dating back to 1927 and today is the leading company in the field of hydrogen toy technology available worldwide. This company focuses on electrolyser technology to produce renewable hydrogen. Nel’s product offerings are key components of the green hydrogen economy, making it possible to decarbonize industries as diverse as transportation, refining, steel, and ammonia.
Forward-looking statements: This announcement contains certain forward-looking statements. By their very nature, forward-looking statements involve risks and uncertainties because they reflect the company’s current expectations and assumptions about future events and conditions that may not prove to be accurate. A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
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